Fintech

A recent change raises geographic FOM potential by 50 percent, which could help CUs in some of Britain’s most heavily populated areas.

Members have received more than $7 million in dividend payments since 2014.

The New York-based credit union has paid out $6 million to its members since 2003.

FCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami.

Nearly half of the cardholders in the U.S. have had at least one card reissued in the past year, with those experiencing fraud multiple times saying they have had nearly five cards reissued.

The company agreed to pay $169 million for First Evanston Bancorp in Illinois.

Tennessee-based CU has returned $71.5 million over the last 13 years.

Ancora Advisors has a history of pressing banks and thrifts to find buyers.

Transit agencies worldwide are attempting to eradicate cash and the bottlenecks that it causes from situations where customer throughput is paramount. But is this effort truly viable given the entrenched payment behaviors and requirements for serving everyone, even digital naysayers?

Norwegian banks have been keenly aware of — and concerned about — the prospect of mobile wallets developed in Silicon Valley affecting their own services. So much so that a group of banks has begun preparing to merge their payments systems into one platform and have it up and running by next August.